Tesla's sales in Europe plunged 49% in April, even as electric car demand surged, signaling growing trouble for the U.S. EV giant in a competitive and shifting market.
In April, Tesla's sales in Europe dropped sharply by 49% year-on-year, despite a 27.8% increase in overall battery-electric vehicle sales across the region, according to data from the European Automobile Manufacturers Association.This marks Tesla's fourth consecutive month of decline, with its market share nearly halved to 0.7% from 1.3% a year ago. The company’s recent Model Y upgrades appear to have done little to restore its image in the region.
Meanwhile, total car sales in the EU, Britain, and EFTA stood at 1.07 million units, down slightly by 0.3% from last year. Electrified vehicles made up 59.2% of all registrations in the EU — up from 47.7% the previous year — with strong growth especially in Spain and Italy. However, Tesla faces growing pressure from Chinese automakers like SAIC Motor and broader discontent around Elon Musk’s political stances. Despite easing U.S.-China trade tensions, uncertainty and tariffs continue to weigh on the global automotive outlook.
The world is likely to experience record-breaking temperatures through 2029, with the Arctic expected to warm at more than three times the global average, the UN weather agency warned in a new report.
UK’s largest water firm Thames Water has been hit with a record £122.7 million fine by Ofwat after the regulator concluded its most extensive investigation ever into the company's environmental violations and dividend practices.
Following high-level talks in Astana, President of Kazakhstan Kassym-Jomart Tokayev and President of Rwanda Paul Kagame adopted a joint statement and oversaw the exchange of nine cooperation documents between their countries.
U.S. President Donald Trump said he is reluctant to impose new sanctions on Russia, warning that such measures could jeopardize efforts to reach a ceasefire in Ukraine.
Top U.S. banks are quietly preparing to enter the crypto market through cautious pilot programs and partnerships, as regulators offer clearer signals. While enthusiasm grows, most lenders remain hesitant, seeking more clarity on rules before committing heavily.
Yemen’s Houthi group has vowed a “hot summer” for Israel after a missile strike on Sanaa’s airport destroyed a civilian plane and disrupted operations.
A massive glacier collapse has destroyed most of the Swiss village of Blatten, leaving one person missing and nearly the entire town buried under debris.
Germany has dismissed Russian accusations of warmongering, defending its support for Ukraine’s missile development as a stand for international law.
The Czech government has summoned China’s ambassador over a cyberattack it says targeted the foreign ministry’s communications during its 2022 EU presidency.
Italy's Prime Minister Giorgia Meloni will host French President Emmanuel Macron for talks in Rome on June 3, Meloni's office said on Wednesday.
AnewZ takes to the streets of Yerevan and Baku to ask a simple yet deeply complex question: How do you see peace between Armenia and Azerbaijan? In the first part of our special report, we hear the hopes, doubts, and scars still shaping people’s perspectives on both sides.
A car drove into crowds of Liverpool fans celebrating the club’s Premier League title in the city centre on Monday evening, injuring dozens including 4 children. A 53-year-old man believed to be the driver was arrested at the scene.
On May 28, the inauguration ceremony of Lachin International Airport was held.
EU ministers have greenlit a massive €150 billion defense investment fund—dubbed the Security Action for Europe (SAFE)—as the bloc ramps up its military readiness in response to Russia’s aggression and growing uncertainty over U.S. security guarantees.
Kyiv faced a large-scale Russian drone and missile assault overnight, with explosions and gunfire echoing throughout the city, forcing residents to shelter in subway stations.
Top U.S. banks are quietly preparing to enter the crypto market through cautious pilot programs and partnerships, as regulators offer clearer signals. While enthusiasm grows, most lenders remain hesitant, seeking more clarity on rules before committing heavily.
The bank's latest trading update has helped reassure analysts at Morgan Stanley, despite a disappointing first-half result in February.
Asian stock markets remained steady on Monday as euro strengthened following an extension of U.S. tariff threats by President Donald Trump, giving temporary relief to investors amid ongoing trade uncertainties.
The Singapore dollar gains ground against the U.S. dollar, driven by growing momentum in the so-called “sell America” trend triggered by renewed tariff threats.
Chinese Premier Li Qiang says Beijing is considering new, even unconventional, policy tools as global trade disruptions intensify.
Yemen’s Houthi group has vowed a “hot summer” for Israel after a missile strike on Sanaa’s airport destroyed a civilian plane and disrupted operations.
A massive glacier collapse has destroyed most of the Swiss village of Blatten, leaving one person missing and nearly the entire town buried under debris.
Germany has dismissed Russian accusations of warmongering, defending its support for Ukraine’s missile development as a stand for international law.
The Czech government has summoned China’s ambassador over a cyberattack it says targeted the foreign ministry’s communications during its 2022 EU presidency.
Italy's Prime Minister Giorgia Meloni will host French President Emmanuel Macron for talks in Rome on June 3, Meloni's office said on Wednesday.
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